China will continue to allocate funds to offer rewards for enterprises that refit their production techniques and facilities with energy-efficient technologies, the Ministry of Finance said on Friday.
The nuclear safety plan drafted by the National Nuclear Safety Administration is expected to be finished in August and submitted to the State Council, China's Cabinet, for approval, the China Securities Journal reported Friday, citing a relevant insider.
China will prioritize the development of hydropower and optimize thermal power generation under its 12th Five-Year Plan (2011-2015) for the energy sector, the 21st Century Business Herald reported Thursday.
The work-safety watchdog in north Inner Mongolia Autonomous Region has shut down 205 non-coal mines and ordered 136 others to suspend operations in a six-month campaign to boost safety supervision in the resource-rich region, authorities reported Wednesday.
For any company, pouring 100 billion yuan ($15.47 billion) into a fledging industry could be risky, according to Li Hejun, president of Hanergy Holding Group Ltd, a private Chinese power generator that is betting on a niche technology in solar cells.
China will invest 400 billion yuan ($62 billion) in the construction of four hydroelectric dams, to help the government boost the share of non-fossil fuels in national energy consumption.
China will push for the use of clean power and energy-saving technologies in its massive urbanization drive across the country over the next five years, a senior energy official said Tuesday.
The China Three Gorges Corporation says four planned hydroelectric power stations being built on the Jinsha River will be capable of producing twice as much power as the Three Gorges Dam, which is currently the world's largest-capacity hydroelectric power plant.
China's five biggest power companies have reported increasing losses in their thermal power business ventures as they continue to struggle with rising coal costs and capped electricity prices.
Despite China and Russia's failure last week to finalize a deal on pipeline gas supplies, officials and experts on both sides remain optimistic.
The country's leading wind turbine makers are vying with each other to push forward big-capacity wind turbines in a bid to win a slice of China's offshore wind power development.
Shopping malls and office buildings in Shanghai are being urged to close on extremely hot days this summer to save power for residents' use in the midst of a shortage of supply, according to a recent notice issued by the Shanghai Municipal Electric Power Company.